LARRY KUDLOW: Right now, with the world on fire, we have neither peace nor strength

Published On Sep 17, 2024, 1:51 PM

Larry Kudlow discusses the current state of U.S. foreign relations, highlighting concerns over international threats including the alliances formed between China, Russia, and Iran, and the situation in Ukraine. He criticizes the Biden administration for not adequately supporting Israel and for its perceived weak stance against aggressors like Iran and Russia. Kudlow warns about the potential for conflict and argues that the U.S. is lacking in military readiness and that defense spending is declining. He believes this contributes to a dangerous global environment, stating that the U.S. faces significant foreign policy challenges not seen in decades.

Stock Forecasts

In light of Kudlow's commentary, which underscores a rising geopolitical risk factor due to U.S. foreign policy and military readiness issues, defense and aerospace stocks might become attractive to investors seeking safety and growth amid global tensions.

The deteriorating relations with China and ongoing tensions in the Middle East, as mentioned by Kudlow, may negatively impact sectors like technology and consumer goods reliant on international supply chains.

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